MEASURING CONSUMER EXPENDITURES WITH PAYMENT DIARIES.
Payment diaries measure consumer expenditures by tracking authorization of payments by instrument (cash, check, debit or credit card, etc.). Three notable results emerge from comparing the 2012 Diary of Consumer Payment Choice (DCPC) to other estimates of consumer expenditures: (1) DCPC payments are...
| Publicado en: | Economic Inquiry Vol. 56; no. 1; pp. 13 - 50 |
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| Formato: | Artículo |
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Wiley-Blackwell
Jan2018
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=126419586&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 126419586 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Jan2018 vid: 56 iid: 1 pid: 480 pub: Wiley-Blackwell artinfo: ui: 126419586 10.1111/ecin.12485 ppf: 13 ppct: 37 formats: fmt: – @attributes: type: T – @attributes: type: P size: 1.9MB tig: atl: MEASURING CONSUMER EXPENDITURES WITH PAYMENT DIARIES. aug: au: Schuh, Scott affil: Director and Economist, Consumer Payments Research Center, Federal Reserve Bank of Boston, Boston, MA, 02210 su: Consumer preferences Consumption (Economics) Payment systems Consumer surveys Personal finance sug: subj: Consumer preferences Consumption (Economics) Consumer Lending Financial Transactions Processing, Reserve, and Clearinghouse Activities Payment systems Consumer surveys Personal finance ab: Payment diaries measure consumer expenditures by tracking authorization of payments by instrument (cash, check, debit or credit card, etc.). Three notable results emerge from comparing the 2012 Diary of Consumer Payment Choice (DCPC) to other estimates of consumer expenditures: (1) DCPC payments are 75% higher than Consumer Expenditure Survey estimates; (2) DCPC consumption estimates are 17% higher than comparable personal consumption expenditure estimates; and (3) DCPC payments roughly equal comparably adjusted National Income and Product Accounts personal disposable income. The DCPC's relative success stems from measuring expenditures aggregated into lumpy payments ('shopping baskets'), relatively low respondent burden, and effective random sampling. ( JEL E21, D12, D14) pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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